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UnknownUnicorn932398
Jun 2, 2017 9:07 AM

Going long on GBPCAD. Long

BRITISH POUND / CANADIAN DOLLARICE

Description

I see a breakout possibly coming for GBPCAD. The price broke out of a bearish channel when it hit a strong support line just under .72000. It now seems to be in an ascending triangle right at the top of the resistance line. Watch for the possible breakout to go long if it breaks the resistance line.
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